NKTX Stock | | | USD 2.88 0.00 0.00% |
Nkarta financial indicator trend analysis is infinitely more than just investigating Nkarta Inc recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nkarta Inc is a good investment. Please check the relationship between Nkarta Total Current Liabilities and its Total Cash From Operating Activities accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nkarta Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in estimate.
Total Current Liabilities vs Total Cash From Operating Activities
Total Current Liabilities vs Total Cash From Operating Activities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Nkarta Inc Total Current Liabilities account and
Total Cash From Operating Activities. At this time, the significance of the direction appears to have pay attention.
The correlation between Nkarta's Total Current Liabilities and Total Cash From Operating Activities is -0.91. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Total Cash From Operating Activities in the same time period over historical financial statements of Nkarta Inc, assuming nothing else is changed. The correlation between historical values of Nkarta's Total Current Liabilities and Total Cash From Operating Activities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of Nkarta Inc are associated (or correlated) with its Total Cash From Operating Activities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Cash From Operating Activities has no effect on the direction of Total Current Liabilities i.e., Nkarta's Total Current Liabilities and Total Cash From Operating Activities go up and down completely randomly.
Correlation Coefficient | -0.91 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Total Current Liabilities
Total Current Liabilities is an item on Nkarta balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Nkarta Inc are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Total Cash From Operating Activities
Most indicators from Nkarta's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nkarta Inc current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nkarta Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in estimate.
Sales General And Administrative To Revenue is likely to rise to 42.97 in 2024, whereas
Selling General Administrative is likely to drop slightly above 20
M in 2024.
Nkarta fundamental ratios Correlations
Click cells to compare fundamentals
Nkarta Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Nkarta fundamental ratios Accounts
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